Category Archives: real estate

Ocean One Tower Update 2008

January 25, 2008 – 9:28 pm

The Ocean 1 Tower plot this morning was extremely inactive. No one on site. No digging. No work. The mega-project seems to be on hold in response to the current economical climate i.e. gloom. No more smiling faces on realtors and developers. Life has become a struggle in 2008. “There was no high season this year.” One […]

By Peter | Also posted in Pattaya | Comments (0)

Government crackdown on land sales

January 28, 2007 – 10:00 pm

Condo and villa property boom might be coming to an end in Thailand. The Commerce Minister announced on Friday that his ministry will be reviewing all land sales to foreigners to insure they are above the board, i.e. the sales are not in violation of the Land Act which forbids any foreigner from owning land. The focus of […]

By Peter | Also posted in Thailand | Comments (0)

Pattaya property boom bust?

June 18, 2006 – 6:44 am

Ten years ago Pattaya was a forgotten resort. Its name was synonymous with fat German tourists frequenting go-go bars. Somehow in the last three years they city has shucked that image and property developers invested big money into housing estates aimed at the foreign retiree market. Only they forgot one thing. Foreigners can’t own land […]

By Peter | Also posted in Pattaya | Comments (0)